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The Niger State Government Has Proposed A Budget Of N159.5 Billion For The 2019 Financial Year.

Nigeria Student Forum / General Discussion / Metro News / The Niger State Government Has Proposed A Budget Of N159.5 Billion For The 2019 Financial Year. (10) Views

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The Niger State government has proposed a budget of N159.5 billion for the 2019 financial year.

The Governor, Alhaji Abubakar Sani Bello, who presented the budget to the state House of Assembly in Minna Tuesday, said N61.6 billion would be generated from the federation account, the Value Added Tax (VAT) would bring in N12.04 billion, the Internally Generated Revenue (IGR) would fetch the government about N15.2 billion, and Paris Club refund would bring in N22.27 billion.


According to Governor Bello, the state also expects to get a refund of over N3.8 billion from the National Electricity Liability Company, N300 million as dividend from North South Power Electricity Company and N4 billion from the Pension Fund Administrators.

He said the government would also generate over N50.2 billion from the capital market.

He said the recurrent expenditure was projected at N63.3 billion, while the capital estimate would gulp more than N96.2 billion, adding that the economic sector got the highest allocation of N56.02 billion.


The governor said agriculture would be given more impetus in the fiscal year with government planning to clear not less than 200 hectares of land to be allocated to able bodied youths and fresh graduates, adding that government would also open up 408 kilometres of rural roads to facilitate the movement of agricultural products from the rural areas to the urban centre.

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